5 Louise Street, Rye, VIC 3941 sold on 23 March 2025 | OnTheHouse
 
SOLD
Sold on 23 Mar 2025 for $800,000

5 Louise Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 864m2
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Property Details for 5 Louise St, Rye

5 Louise St, Rye is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 864m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Rye in the last 12 months.

Building Type
House
Land Size
864m2

Last Listing description (March 2025)

Perfectly placed to enjoy convenience to both Rye’s front and back beaches, this beloved three bedroom 2-bathroom home invites you to experience a lifestyle rich in convenience and beachside charm. Presenting a golden opportunity for aspiring homeowners and discerning holiday makers alike, this expansive 864sqm (approx.) allotment strikes the perfect balance between effortless living and boundless potential.

Designed with minimal maintenance in mind, it invites you to envision and reimagine your dream space (STCA). Whether you’re ready to carve out your own slice of paradise or seeking a fabulous retreat, this property is the canvas where your aspirations can come to life.

The north-facing layout keeps entertaining to the rear, where distinct living and dining zones unite with a functional kitchen complete with gas cooktop, wall oven and breakfast bar. An outdoor alfresco carries entertaining under the sun, while easy-care gardens keep space for little adventurers behind a double carport with drive through access. Solid timber floors continue to the accommodation, where two secondary bedrooms sit alongside a master bedroom with walk-in robe and ensuite, a main bathroom with separate tub and shower, private toilet, and a dedicated laundry room.

Ready for renovation, rebuild or comfortable enjoyment as is, this brick home sits within easy reach of the Dundas Street shops, Number 16 Beach, Tyrone Foreshore and Rye’s thriving beachside village.

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Property History for 5 Louise St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$800,000
23 Mar 2025
  • 23 Mar 2025
    Sold for $800,000
  • 15 Nov 2024
    Listed for Sale $780,000 - $840,000
  • 18 May 2010
    Transferred
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation.In 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.

Rye has 10,054 properties. Over the last 5 years, Houses in Rye have seen a 18.69% increase in median value, while Units have seen a 30.30% increase. As at 31 December 2025:

  • The median value for Houses in Rye is $1,022,079 while the median value for Units is $647,663.
  • Houses have a median rent of $593 while Units have a median rent of $493.
There are currently 78 properties listed for sale, and 7 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 353 properties were sold in the past 12 months in Rye.

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